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By leveraging RMS Global Recovery Service, RMS has successfully recover an outstanding debt of HK$2.5M on behalf of a client, an Asian manufacturer of specialized electronic parts and equipment, from a U.S. based consumer electronics distributor.
Industry：Asian Manufacturer of Specialized Electronic Parts and Equipment
Solution：Dispute Resolution, Collection Letters, and 3rd Party Collections Calls
Results：A full settlement agreement of HK$2.5M was reached and paid within 2 months
This company is a world leader in the manufacture of specialized electronic parts and equipment used in, or with, computer and telecommunication systems. With both their headquarters and manufacturing facilities based in Asia, they have steadily been expanding their sales throughout the U.S. and Europe, doing business with the top industry names throughout the world including several on the Fortune 500 list.
Experts from the RMS Hong Kong begin reviewing and organizing the credit history of the case so that the documentation could then be transmitted to RMS’ headquarter in the U.S. There, RMS senior collections staff were assigned to contact and work with the debtor to resolve the debt.
Photo by Jeffrey Swanson on Unsplash
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